Michael Hill, the mastermind behind the renowned jewelry chain Michael Hill Jeweller, has built a significant fortune over the years. With an estimated net worth of $290 million, Hill’s journey from a small-town jeweler to an international business mogul is both inspiring and a testament to entrepreneurial grit.
Michael Hill International: A Global Jewelry Empire
Michael Hill International, the company he founded, has also seen impressive growth. As of mid-July 2025, its market capitalization stands at $165.94 million. But beyond these numbers, what’s more interesting is the revenue side of things. In the trailing 12 months (TTM) up until December 31, 2024, the company brought in a hefty $453 million in revenue. Not too shabby for a brand that started with just one store back in the 1970s, right?
The company’s footprint is widespread, with Michael Hill stores in three major markets: Australia, New Zealand, and Canada. As of June 30, 2024, Michael Hill International operates a total of 171 stores in Australia, 44 in New Zealand, and 85 in Canada. Each store brings its own unique set of challenges and opportunities, reflecting the brand’s adaptability and its continued appeal to a wide range of customers across different regions.
Building a Legacy in the Jewelry Industry
Michael Hill’s journey from humble beginnings in New Zealand to a global player in the jewelry industry is nothing short of remarkable. The brand’s dedication to quality craftsmanship, personalized service, and an understanding of local markets has allowed it to thrive in diverse geographies. Whether you’re in the middle of bustling Sydney or a quieter area in New Zealand, the sight of the iconic Michael Hill storefronts still stands strong, a testament to their commitment to excellence.
Though the numbers are impressive, Michael Hill’s story is ultimately about resilience and knowing your market. In an industry that’s as competitive as it is glamorous, he’s managed to carve out a niche, ensuring that his company not only survives but thrives. From a small, family-owned store to a multi-million-dollar enterprise, Michael Hill’s legacy will continue to sparkle for generations to come.
FAQs
What is Michael Hill’s net worth?
Michael Hill’s estimated net worth is $290 million.
What is Michael Hill International’s market capitalization?
As of July 18, 2025, the market capitalization of Michael Hill International is $165.94 million.
How many stores does Michael Hill have?
As of June 30, 2024, Michael Hill International operates 171 stores in Australia, 44 in New Zealand, and 85 in Canada.
What was Michael Hill International’s revenue in 2024?
The company reported $453 million in revenue for the trailing 12 months ending December 31, 2024.
Where is Michael Hill Jeweller based?
Michael Hill Jeweller operates stores in Australia, New Zealand, and Canada.
